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Market update April 13 2020

Blockgks
Blockgks
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Despite the harrowing outlook in the global economy as the government response to the COVID-19 outbreaks brings society to a standstill, crypto as a whole has continued to chug forward.

Furthermore, the Bitcoin price has remained strong, now trading above $7,000 — nearly 100% higher than the $3,700 low seen during the “Black Thursday” crash on March 12th.

Here’s BlockGeeks’ breakdown of what exactly transpired and what members of the cryptocurrency industry should be watching out for moving forward.

What Happened in Crypto Last Week?

The following is some of the crypto industry’s most important stories over the past week condensed for your reading: